Shariah compliant, specialist Fund of Funds portfolio focusing on income generating assets. It aims to provide relative capital stability and optimal income returns. The Fund will be Regulation 28 compliant. In order to achieve its investment objectives, the Fund will utilise a combination of Funds investing and direct investments in fixed income securities, listed property and other Income generating securities that are Shariah compliant in both South Africa and internationally, which have a fixed maturity date and either have a predetermined cash flow profile or are linked to benchmark yields.
27four Shariah Income Fund A1
Latest Price NAV
USD
0.06
as of
13/Sep/23
Objective
Key Facts
Launch Date :
19/Apr/17
Asset Type :
Mixed AssetsBase Currency :
South African RandTotal Net Asset (USD M) :
18.77
Benchmark :
Index is not available on Lipper Database
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
N.A
Geographical Focus :
South Africa
Shariah Compliant
Shariah
Performance
3 Yrs Performance
2.01
5 Yrs Performance
0.91
10 Yrs Performance
N.A
Top Holdings
1.
MONEY MARKET INSTRUMENT GENERAL SECURITY
62.86
%
2.
RIO TINTO
6.38
%
3.
SALZGITTER AG
4.21
%
4.
RIO TINTO
3.65
%
5.
RWE ST
3.61
%
6.
SAINT GOBAIN
3.21
%
7.
RIO TINTO
3.16
%
8.
GLOBAL BALANCED REGULATION 28 I (ACC) ZAR
2.69
%
9.
RHOEN - KLINIKUM
2.54
%
10.
ZAR CASH
1.98
%
Portfolio Composition
1.
GERMANY
29.14
%
2.
SOUTH AFRICA
2.34
%
3.
CANADA
1.33
%
4.
UNITED KINGDOM
0.24
%
5.
MALTA
0.23
%
6.
UNITED STATES
0.01
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.58
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
27four Inv Mngrs
Website :
http://www.27four.com/